Certified Bank Auditor - CBA

AAA

DEFINITION of 'Certified Bank Auditor - CBA'

A professional designation awarded by the Bank Administration Institute (BAI) Center for Certification to financial auditing professionals who pass a four-part multiple-choice exam within a three-year eligibility period. Most candidates must also have an undergraduate degree and at least two years of professional bank auditing experience, or a master's degree in business or accountancy plus one year of work experience. Successful applicants earn the right to use the CBA designation with their names, which can improve job opportunities, professional reputation and pay.

INVESTOPEDIA EXPLAINS 'Certified Bank Auditor - CBA'

Applicants are tested on accounting, auditing principles, bank laws and regulations, and general business principles. Applicants should also be familiar with new industry developments. Every year, CBA professionals must complete 30 hours of continuing professional education and pay a renewal fee to continue using the designation.



RELATED TERMS
  1. Certified Information Systems Auditor ...

    A certification available for professionals who conduct audits ...
  2. Certified Forensic Financial Analyst ...

    A specialized accounting credential offered by the Financial ...
  3. Certified Employee Benefit Specialist

    A professional designation available in both the United States ...
  4. Chartered Accountant - CA

    An accounting designation given to accounting professionals in ...
  5. Associate In Premium Auditing - ...

    Professional designation awarded by the Insurance Institute of ...
  6. Chartered Financial Analyst - CFA

    A professional designation given by the CFA Institute (formerly ...
Related Articles
  1. Personal Finance

    A Guide To Financial Designations

    Find out which certifications can bring you the greatest career returns.
  2. Budgeting

    Find The Right Financial Advisor

    Learn how to weed out those who are just out to make a quick buck.
  3. Professionals

    The Basics Of CFP Designation Maintenance

    The workload doesn't end with your exam. Find out how to keep up your CFP credential.
  4. Professionals

    A Close Look At Certified Senior Designations

    We examine the validity of senior financial designations and whether they are worth pursuing.
  5. Professionals

    Is A Career In Financial Planning In Your Future?

    Take our quiz to find out whether you're suited for this line of work.
  6. Options & Futures

    Earn Big Bucks With A Specialized Financial Career

    Choosing to specialize may be easier for you and more beneficial to your clients.
  7. Professionals

    Preparing For A Career As A Portfolio Manager

    Find out what it takes to win a spot in one of the most coveted financial careers.
  8. Retirement

    What's the difference between a financial advisor and a financial planner?

    Seeking professional advice from a financial advisor may involve asking for financial help from a certified financial planner, stockbroker or an accountant.
  9. Credit & Loans

    Who is eligible to take out federal student loans?

    Fill out the Free Application for Federal Student Aid every year to determine eligibility for federal aid, including student loans.
  10. Retirement

    What are some examples of how I could use my IRA savings for college?

    Use your traditional IRA for qualified college expenses for you or your family. The retirement funds can be used for books, tuition and fees.

You May Also Like

Hot Definitions
  1. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  2. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  3. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  4. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  5. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  6. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
Trading Center